Insider Selling: VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Sells C$137,500.00 in Stock

VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Brandon Seibel sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The stock was sold at an average price of C$11.00, for a total value of C$137,500.00.

VerticalScope Stock Performance

Shares of VerticalScope stock opened at C$12.20 on Thursday. The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66. The business has a fifty day simple moving average of C$10.16 and a two-hundred day simple moving average of C$9.09. The firm has a market capitalization of C$227.16 million, a P/E ratio of 174.29 and a beta of -0.02. VerticalScope Holdings Inc. has a 12 month low of C$4.01 and a 12 month high of C$12.70.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FORA. National Bankshares lifted their target price on shares of VerticalScope from C$11.50 to C$13.00 in a research note on Thursday, November 14th. Royal Bank of Canada lifted their price objective on VerticalScope from C$15.00 to C$16.00 in a research report on Thursday, November 14th. Canaccord Genuity Group raised their price target on VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. CIBC upped their price objective on shares of VerticalScope from C$9.00 to C$10.00 in a report on Thursday, November 14th. Finally, Raymond James lifted their target price on shares of VerticalScope from C$11.50 to C$13.00 in a research note on Wednesday, November 13th.

About VerticalScope

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.